Calcined petroleum coke maker Rain Calcining on Friday said it has completed the process of acquiring US-based CII Carbon for about 595 million dollars in cash.
Australian companies are expected to make investments to the tune of US$ 4.5 billion in India in the coming years, a senior Australian diplomat has said.
Feeder funds may well be the next big thing for Indian investors looking at opportunities abroad. "Several top funds are working on launching feeder funds schemes.
Inflation may rise again as global crude oil prices continue to soar touching an all-time high of $90 last week, besides, rising food prices in the domestic market. On the issue of interest rates, Kamath said the bank would wait till the ensuing mid-term policy, due on October 30, before taking any decision.
Development of biodiesel as an alternative source of energy holds a significant potential for the country in the field of agriculture besides ensuring energy security, says a report.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
ICICI Bank said on Thursday it has constituted a Rs 100 crore (Rs 1 billion) loan fund for assisting companies engaged in the green business or abetting eco-friendly activity.
Speaking to reporters on the sidelines of a CII meet in Kolkata on Monday, ICICI Bank MD and CEO K V Kamath said the light engineering and transportation sectors had already been hit following a slump in sales of commercial vehicles.
The trade policy specifies that "for all goods and services exported from India, services received, rendered abroad, wherever possible, shall be exempted from service tax".
Foreign direct investment inflows in the country jumped nearly three-fold to $15 billion in 2006-07 as the world's second-fastest growing economy lured investors from across the world.
The India@60 event seeks to attract the world's attention, particularly that of the global Inc, to India by portraying its strengths -- democracy, diversity and demographics -- which have powered the sub-continent nation's development.
High inflation not only hurts the common man but also deters fresh investments that are key to faster economic expansion, which makes containing prices an express requirement, the Reserve Bank of India said on Wednesday.
According to sources the proposal has been scuppered by the British commerce ministry, which was not consulted, and which is the sectoral ministry for trade and investment.
Government has been planning to relax the norm to three years through a revised aviation policy which is pending before a group of ministers.
The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage
Sebi chairman M Damodaran on Thursday suggested reduction of regional stock exchanges in the country.
Bharti Enterprises, which has announced join ventures with US giant Wal-Mart for its retail foray, said that the rising real estate prices could hamper the growth of the organised retail industry in the country.
Japanese electronics major Hitachi on Thursday said it is looking at India as an investment destination, but infrastructural bottlenecks needed to be removed for it to commit itself here.
With the theme, 'Creating Knowledge-Driven Eco System', Connect 2006 is all set unveil its sixth conference-cum-exhibition.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
The Delhi-Mumbai Industrial Corridor, which will run parallel to the dedicated railway freight corridor, is expected to see investments of $90 billion.
The two countries would be signing an MoU to foster research cooperation in biotechnology, the visiting premier said, addressing Indian industry captains at a conference organised by business chambers CII, FICCI and Assocham. \n\n
The proposed chemical hub in West Bengal, which won't come up in Nandigram because of violence there, has to be set up near a port, state Chief Minister Buddhadeb Bhattacharjee said on Wednesday.
The Indo-Thai free trade agreement is likely to be signed by September. The agreement will initially cover goods and include services and investment at a later stage.
Mumbai-based healthcare firm Wockhardt Hospitals plans to set up 14 super-speciality hospitals across the country over the next two years, which could entail an investment of up to Rs 600 crore (Rs 6 billion). The company is focusing on tier II and tier III cities such as Goa, Bhopal, Nagpur among others for expansion besides metros like Delhi, he said.
The US must make substantial cuts in farm subsidies and scale down demands for tariff reductions by developing countries to enable the stalled WTO talks to move forward, India's top trade negotiator said on Thursday.
Foreign direct investment into India is expected to touch $15 billion by the end of the present fiscal, with more overseas firms eyeing good returns from the sub-continent.
Murthy, the chief mentor of IT bluechip Infosys, said fairness, transparency and accountability were the "three pillars" of corporate ethics which companies should adhere to.
ICICI Bank chief K V Kamath today said interest rates in the country were "moderating" but could put pressure on the economy if they rise further.
A CII-Rabobank report on biodiesel development says biodiesel as an alternative source of energy holds a significant potential for India in the agriculture sector.
The United States on Monday ruled out cutting farm subsidies unilaterally, but said it was open to talks on the subject with a view to restarting the Doha Round of negotiations at the World Trade Organisation.
He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.
The Indonesian delegation's visit to HAL highlighted India's capability to produce high-quality air planes and other indigenous products.
Kerala will receive at least 100,000 overseas patients by 2010, according to leading stakeholders of the state's medical tourism sector.
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Adani CEO Jeyakumar Janakraj said the Adani issue was not on the agenda of Jaitley's visit.
India's third largest software exporter, Wipro Ltd, has said its proposed special economic zones (SEZs) in Pune and Chennai would be operational in 18 months.
